5
& 6. Some paints and Glitters as per your choice. (i had some at home)

7.
Pen or pencil for marking the place for applying the glue.

And
of course some cello tapes.

Steps:

1.
Take the cardboard lid and tape the corners so that the box is sturdy.

2.
Take adequate ice cream sticks and paste the same as shown in the Image I used
5-6 sticks. Use the pencil or pen to make the markings as where to stick.

3.
Once it is done, create a border using the remaining ice cream sticks so that
it looks neat. It should similar to the image below.

4.
Let it dry for a minute (depending on the glue you use. Stronger the glue,
lesser the time).

5.
You can now decorate/color the hanger as desired. Let it dry again.

And viola.! your earring hanging stand is ready. You can keep it in your dressing table and it does not require any support to make it stand. For me it took 33 sticks to make three earring hangers. (2 small urban touch box lids and one big urban touch box lid).

Note: For wider lids, attach two sticks using glue and tape it. Once dried, you can
paint so that the tape is camouflaged.

More photos:

This is how it looks from the back. You can even paste some colorful papers to hide the cello tapes. I just left it as it is as they will not be visible anyways. :P

:) i store the ones that do not have stones in plastic boxes with partitions some what like this http://www.aliexpress.com/wholesale/wholesale-plastic-compartment-storage-box.html and i store the stone/costly ones in a velvet jewelry case (can hold upto 12 earrings) which i got for navrathri from my neighbor. :)